MIRA
INFORM REPORT
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Report Date : |
13th
February, 2007 |
IDENTIFICATION
DETAILS
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Name : |
ROSY BLUE, INC. |
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Registered Office : |
529 5th Avenue, 12th & 15th Floor, New York, New York 10036, United States . |
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Country : |
United States |
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Date of Incorporation : |
21/03/1990 |
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Legal Form : |
Corporation - Private |
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Line of Business : |
Engaged in the import and distribution of diamonds and jewellery. |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
IDENTIFICATION & EXECUTIVE
SUMMARY
Company Name : ROSY BLUE, INC.
Address : 529 5TH AVENUE, 12TH & 15TH FLOOR
City : NEW YORK
State/Province : NEW YORK
Zip Code : 10036
Country : UNITED STATES
Telephone : 212 687-8838
Facsimile : 212 856-9828
Legal Form : Corporation - Private
Website : www.rosyblue.com
@rating Opinion :
Business Activity : The Company is engaged in the import and distribution of diamonds and
jewellery.
As of :
Sales / Revenue :
Net Income :
Total Equity :
Number of Employees : 230
NOTE TO CLIENT
Mr. Nirad Dalal, Controller, confirmed all information in this report.
LEGAL
Legal Form : Corporation - Private
Since (D/M/Y) : 21/03/1990
State/Province of Incorporation : NY
Status : ACTIVE
Previous Legal Form:
Company is NOT required to publish an annual financial report.
Entity Name : ROSY BLUE, INC.
Filing Date : MARCH 21, 1990
County : NEW YORK
Jurisdiction : NEW YORK
Entity Status : ACTIVE
NOTE: New York State does not issue organizational identification numbers.
Managers/Key Personnel
Mr. Ragin Mehta President
Mr. Nirad Dalal Controller
AFFILIATED ENTITIES
Rosy Blue Jewelry Inc. - New York, NY
Rosy Blue NV - Antwerp, Belgium
Rosy Blue Hong Kong Ltd. - Hong Kong
Rosy Blue (India) Pvt Ltd. - Mumbai, India
Rosy Blue Sales Ltd. - Ramat Gan, Israel
Rosy Blue Ltd. - Tokyo, Japan
Rosy Blue Trading (Pty) Ltd. - Johannesburg, South Africa
Rosy Blue FZE - Dubai, UAE
Parent Companies
Parent Company: Inter Gold Gems Pvt. Ltd.
INDIA
BANKS
ABN AMRO Bank
680 Fifth Avenue, 6th Floor
New York NY
Telephone : 212 649-5132
Facsimile : 212 649-5149
Account Number :
Account Manager : Mr. Ned Koppelson, VP
We have contacted the bank who has not yet responded. In the event a response is received, the information will be forwarded on immediately. It is our experience that these requests could take several days before a response is received.
PAYMENT HISTORY
BUSINESS DATE LAST
PAYMENT CREDIT BALANCE CUR 1-
31- 61-
CATEGORY REPTD SALE TERMS
$ $ %
30 60 90 91+ COMMENTS
---------- ----- ----- ------- -------- -------- --- --- --- ---
--- --------
AIR TRANS
06-11 06-11 0000000 18800 18800 82
18 0 0 0 CUST 11 YR
BUS SERVCS 07-01 00-00 VARIED 1700
700 100 0 0
0 0
COMPUTERS
07-01 05-07 CREDIT 10000 0
0 0 0 0 0
FACTOR
06-12 04-10 NET 30 15400 0
0 0 0 0 0
PACKAGING
06-11 00-00 NET 30 700 0
0 0 0 0 0
CUST 6 YR
AIR TRANS
05-12 00-00 NET 30 100 100
100 0 0 0
0 CUST 16 YR
BUS SERVCS 06-06 06-06 NET 30 0
0 0 0
0 0 0
CELLUL/PAG 06-03 00-00 NET 30 400
0 0 0 0
0 0 CUST 1 YR
COMPUTERS
04-02 00-00 NET 30 0 0 0 0 0
0 0
LEASING
05-01 05-01 NOTE 33300 33300
100 0 0 0
0
OFFC SUPPL 06-08 98-02 CREDIT 0
0 0 0
0 0 0 ACCTCLOSED
SAFTY PROD 06-03 00-00 NET 30 0
0 0 0
0 0 0 CUST 6 YR
CURRENT QUARTER 46600
19500 82 18
0 0 0
Payment Trends
INDUSTRY
BUSINESS BALANCE CUR 1-
31- 61-
DATE CUR DBT
DBT $ %
30 60 90 91+
-------- --- ---
--- -------- --- --- ---
--- ---
20061200
0 7 3 19100 82 18
0 0 0
20061100
0 7 3 17200 87 9
4 0 0
20061000
0 7 4 15900 80 16
4 0 0
20060900
0 7 4 9500 87 7
6 0 0
20060800
0 8 3 17600 84 13
3 0 0
20060700
0 7 7 5100 86 1
12 0 1
Payment History - Quarterly
Averages
BALANCE
CUR 1- 31- 61-
QUARTER YEAR DBT $ % 30
60 90 91+
-------- ------
--- -------- --- --- ---
--- ---
Fourth
2006 3 18700 84 15 1
0 0
Third
2006 4 14300 83 13 4
0 0
Second
2006 6 4700 83 6 11
0 0
First
2006 14 7600 61 16 20
3 0
Fourth
2005 2 1600 96 3 0
0 1
FINANCIAL INFORMATION
Management would not disclose any financial information when contacted citing confidentiality.
As a privately held company, the Subject is not required to file financial statements for public review.
CURRENT OPERATIONS
NAICS Code: 42194 Jewellery, Watch, Precious Stone and Precious Metal
SIC Code: 5094
Number of Employees: 230
Business Activity
The Company is engaged in the import and distribution of diamonds and jewellery.
Diamonds and jewellery are purchased all over the world but primarily are sold to distributors in the United States, the United Kingdom, Israel, France, Belgium, and Italy.
The heading address is the Subject's sole location.
PUBLIC RECORD
Name Searched : ROSY BLUE INC.
Debtor Address : ROSY BLUE INC.
1180 AVENUE OF THE AMERICAS, NEW YORK, NY 10036
ROSY BLUE INC.
529 FIFTH AVENUE, NEW YORK, NY 10017
Secured Parties : ABN AMRO BANK N.V.
Filing Date : 2/1/2005
Filing Number : 0502010159205
Filing Type : CONTINUATION
Original Filing Number : 95114363
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Name Searched : ROSY BLUE INC.
Debtor Address : ROSY BLUE INC.
529 FIFTH AVENUE, NEW YORK, NY 10017
Secured Parties : ANTWERPSE DIAMANTBANK N.V.
Filing Date : 10/15/2002
Filing Number : 02233218
Filing Type : INITIAL FILING
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Name Searched : ROSY BLUE INC.
Debtor Address : ROSY BLUE INC
529 FIFTH AVENUE, NEW YORK, NY 10017
Secured Parties : ABN AMRO BANK N.V. (SUCCESSOR BY MERGER TO ALGEMENE BANK
NEDERLAND N.V.), NEW YORK BRANCH
Filing Date : 3/13/2000
Filing Number : 00049198
Filing Type : CONTINUATION
Original Filing Number : 95114363
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We have also conducted a nationwide search with bankruptcy courts, which have revealed no record of a firm by this name filing for bankruptcy.
GENERAL COMMENTS
ROSY BLUE, INC. is engaged in the import and distribution of diamonds and jewellery. The Subject's payment history is reported to be satisfactory. Management provided operating details but declined to provide financial information. We know the Company to be of good legal standing and are considered responsible for normal business transactions.
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial
base with the strongest capability for timely payment of interest and
principal sums |
Unlimited |
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71-85 |
Aa |
Possesses adequate working capital. No
caution needed for credit transaction. It has above average (strong)
capability for payment of interest and principal sums |
Large |
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56-70 |
A |
Financial & operational base are
regarded healthy. General unfavourable factors will not cause fatal effect.
Satisfactory capability for payment of interest and principal sums |
Fairly Large |
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41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
Small |
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11-25 |
Ca |
Adverse factors are apparent. Repayment of
interest and principal sums in default or expected to be in default upon
maturity |
Limited with full security |
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<10 |
C |
Absolute credit risk exists. Caution
needed to be exercised |
Credit not recommended |
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NR |
In view of the lack of information, we
have no basis upon which to recommend credit dealings |
No Rating |
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